Sharp drop following new 52-week high

Northern Dynasty Minerals Ltd closed sharply lower Friday, dropping $0.26 or 10.28% to $2.27 after setting a new 52-week high. Over the last five days, shares have gained 19.47% and 440.48% year to date. Shares have outperformed the S&P TSX by 422.12% during the last year.

About

Northern Dynasty Minerals Ltd. is a mineral exploration company. The Company, through its subsidiaries, holds interest in mining claims on State of Alaska land in southwest

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Alaska, the United States, which are part of the Pebble Copper-Gold-Molybdenum Project (the Pebble Project). The Pebble Project is located in southwest Alaska, approximately 20 miles from the villages of Iliamna and Newhalen, and over 200 miles (approximately 320 kilometers) southwest of the city of Anchorage. The property consists of approximately 2,400 mineral claims and is situated over 1,000 feet above sea-level and approximately 60 miles from tidewater on Cook Inlet. The Company is in the process of exploring and developing the Pebble Project.

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